TMCnet - World's Largest Communications and Technology Community

TMCNet:  SoftBank in talks to acquire T-Mobile [Daily Tribune (Bahrain)]

[December 25, 2013]

SoftBank in talks to acquire T-Mobile [Daily Tribune (Bahrain)]

(Daily Tribune (Bahrain) Via Acquire Media NewsEdge) Japan's SoftBank Corp is in talks to acquire U.S. wireless carrier T-Mobile US Inc and is discussing funding for a deal with financial institutions, sources close to the matter said on Wednesday. SoftBank is talking with T-Mobile parent Deutsche Telekom AG and hopes to take a majority stake in T-Mobile through its recently acquired U.S. subsidiary Sprint Corp in the financial year starting next April, one of the sources said. The Nikkei business daily reported on Wednesday that SoftBank was in the final stages of talks with Deutsche Telekom about acquiring T-Mobile, the No. 4 U.S. wireless service provider. Experts have said that a deal between Sprint and T-Mobile could face close scrutiny from U.S. regulators due to concerns about market concentration.

copyright (c) 2013 Daily Tribune. All Rights Reserved Provided by, an company

[ Back To Technology News's Homepage ]


Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2014 Technology Marketing Corporation. All rights reserved.